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Jail reckless bankers, report urgesMeasures including criminal sanctions to make bankers responsible for their own failings, are called for in a new report. Cyprus leader attacks bailout termsCyprus President Nicos Anastasiades urges eurozone leaders to help his country's biggest bank and sharply criticises the bailout agreed in March. China's Wanda to buy UK yacht makerDalian Wanda Group, a Chinese property developer, says it will spend £1bn ($1.6bn) to buy a British yacht maker and property in London. Japan exports up by most since 2010Japanese exports rose in May at the fastest annual rate since 2010 as the yen weakened, providing a boost to Prime Minister Shinzo Abe's plan to revive the economy. Dish abandons bid for Sprint NextelUS satellite TV operator Dish Network says it will not submit a revised bid for Sprint Nextel, leaving the way open for a rival bid from Japan's Softbank. Deloitte gets one-year New York banDeloitte Financial Advisory Services is suspended for one year from doing new consulting work in New York after regulators criticised its work at Standard Chartered. G8 leaders agree deal on tax evasionLeaders of the G8 major economies agree plan to clamp down on money launderers, illegal tax evaders and corporate tax avoiders. Chrysler agrees to recall 2.7m JeepsChrysler agrees to recall 2.7 million Jeeps that could be at risk of fuel tank fires, after initially refusing a US government request to do so. EU car sales hit 20-year low for MayNew car sales across Europe fell to their lowest level in two decades in May as the deepening recession hurt demand. Huawei unveils 'slimmest' smartphoneHuawei unveils the world's slimmest smartphone saying the handset will work "miracles" for its brand. Jolie double in US phone hack claimA former stunt double for Angelina Jolie sues News Corp in the US, accusing the company of hacking into her phone to gain information about the star. Swiss bill on bank secrecy rebuffedThe lower house of Switzerland's parliament refuses to discuss a bill that would allow Swiss banks to pass client information to the US tax authorities. Protests spread throughout BrazilThousands of people march through Brazil's largest city, Sao Paulo, over rising public transport prices and the cost of staging the 2014 World Cup. Former trader charged over LiborFormer UBS and Citigroup trader Tom Hayes is charged by the Serious Fraud Office over Libor. China in carbon trading experimentChina, the world's biggest carbon emitter, is to launch its first carbon trading scheme as a pilot project in Shenzhen. VIDEO: Testing out battle kit of the futureIt is not just planes and helicopter on display at the Paris Air Show, as the BBC's Theo Leggett found out when he tried on some of US defence firm Raytheon's new kit. VIDEO: The 'ghost' tramway haunting SpainA 38 million euro tramway built to link a Spanish coastal town with a nearby beach resort is being packed up and sent to Australia. VIDEO: On board Dreamliner with Boeing bossThe president of Boeing International, Shep Hill says the new 787 Dreamliner is a "leap forward in innovation" despite problems with the batteries which kept the aircraft grounded for three months. VIDEO: Airbus A350: From factory to flightThe new A350XWB is a vital aircraft for Airbus. The result of a $15bn investment, it is being marketed as a direct rival to Boeing's 787 Dreamliner. VIDEO: Keeping cows cool in Dubai dairySoaring temperatures can present problems in the Gulf, but one dairy in Dubai has come up with a new system to keep its cows cool and milk production up. VIDEO: The fashionable rise of Harris tweedDespite tough economic times, the Harris tweed industry is proving as resilient as the cloth which takes its name. VIDEO: Changing face of the US jobs marketUnemployment in the US remains well above the government's target of 6.5%, and there are also concerns about the types of jobs being created in the fragile economic climate. VIDEO: Is this small Spanish town 'utopia'?A small communist style town in Spain claims to have no unemployment and no repossessions despite the economic crisis. EU and US 'in biggest trade deal'The EU and US announce plans for what could be "the biggest bilateral trade deal in history", aimed at boosting exports and driving growth. Apple discloses US data requestsApple publishes details about data requests from US officials following revelations about the Prism surveillance programme. Google to tackle child abuse imagesGoogle has announced a plan to do more to tackle online images depicting the sexual abuse of children. Vodafone faces battle for German firmVodafone faces a potential bidding war for Kabel Deutschland after US firm Liberty Global makes a rival offer for the German cable TV firm. Co-op Bank unveils rescue planThe Co-operative Bank has secured a deal with regulators to tackle a £1.5bn hole in its balance sheet, which will turn bonds into shares. Airbus secures big air show ordersAirbus secures almost £12bn of new orders on day one of the Paris air show, more than three times those of rival Boeing. Fastjet gets more African routesThe new African low-cost airline, Fastjet, gets clearance to launch flights between Tanzania, South Africa, Zambia and Rwanda. Uganda to tax mobile money transfersUganda is to impose a 10% tax on cash transfers by mobile phones and other money transfer operators to plug a $214m hole in its budget after donor aid cuts. Saudi prince defends libel actionSaudi Arabia's Prince Alwaleed insists his libel action against Forbes magazine is not driven by "ranking on some list or personal wealth". Indonesia set to cut fuel subsidyIndonesia's parliament paves the way for a rise in petrol and diesel prices after months of debate and political haggling. Sharp brings giant 90in TV to EuropeSharp puts a record-sized TV on sale in Europe, but its 1080p resolution means owners will need a relatively large room to be able to watch it. Singapore raps banks for rate riggingSingapore's central bank censures 20 banks for attempting to rig the city-state's benchmark interest rates. BT complains about Sky Sports supplyUK telecoms regulator Ofcom is to launch an investigation into BSkyB over the supply of its sports channels to rival broadcasters. Hearts placed into administrationHearts are placed into administration, with accountancy firm BDO to take over the running of the Tynecastle club. WRU wants to discuss Lions profitsWelsh rugby chief Roger Lewis calls for a home nations rethink of how profits generated by British and Irish Lions tours are split. Inside Facebook's new arctic data centreThe next time you post a picture of lunch on Facebook, consider the electricity it takes to power the social network - and the green data centres trying to slow global warming Inventing the question to fit your answerCrowdsourcing invention isn't new - but what about taking patents and finding new uses for them? The BBC's Fiona Graham speaks to the people finding problems for existing solutions Digital divorce for the 21st CenturyDivorce is one of the most stressful events human beings experience. The BBC's Fiona Graham talks to the founder of the US start-up trying to take some of the pain out of the process Organise a concert by your favourite bandIf you ever fancied organising a concert by your favourite band, UK technology company Songkick could have the answer. Small brewers with big passion to succeedThe BBC’s Jill Martin visits a former nun and a beer nut in the US state of Georgia to discover why passion is seen as the vital ingredient in brewing a successful US small business. Cookery classes relying on angelsBefore the financial crisis, Jean-Christophe Menz could just walk into a bank and ask for money - not any more. Ford to recall 465,000 vehiclesUS carmaker Ford says it will recall 465,000 cars globally - including its 2013 Fusion model - to fix a possible fuel leak. Mercedes QR codes aim to save livesMercedes-Benz is to paste QR codes onto its vehicles to help rescue workers access schematic diagrams and save car crash victims. Nissan recalls over 800,000 vehiclesNissan says it plans to recall about 841,000 vehicles worldwide due to a faulty steering wheel. Too soon to call time on AbenomicsIt's too soon to call time on Abenomics The rise of the global middle classNew middle class to bring profound global changes VIDEO: The global middle class revolutionWhere is the middle class growing around the world? Will the Boeing and Airbus duopoly crack?Will the Airbus/Boeing duopoly ever be broken? IMF entering university marketThe IMF offers free online university courses Glimmers of hope in DetroitIs down-at-heel Detroit on the brink of a comeback? Africa rising - but who benefits?But who gains most from the continent's rapid growth? Working alone to come together betterThe apps that let us work alone - to come together better |
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